The utilization of a cloud-based system allows people outside of a business to access company financial records remotely and securely. From an accounting standpoint, annual events, such as an audit, can now be handled without outside personnel even stepping foot into a company's office, which can be a useful tool given the COVID-19 pandemic.
Working from home has many perks, but a few challenges are attached to it as well. Staying productive is the most.
Working from home is one of the best things that can happen to some until they get to experience some of the more.
Remote work flexibility has become a common thing for companies in 2021 and it can ultimately lead to them retaining.
The concept of virtual accounting isn't anything new. It's been around for a while, yet a lot of accounting firms.